Nuvoco in India's First People Capital Index's Top 50 List on Talent Satisfaction

January 30, 2018 09:43 PM

Mumbai,30th January 2018;: Nuvoco Vistas Corp. Ltd. (formerly Lafarge India Limited), one of the leading manufacturers and retailers of construction materials in the country, has been awarded for being amongst the top 50 companies in India’s first People Capital Index (PCI) list. With a high degree of employee satisfaction pertaining to its talent development efforts and programmes; Nuvoco is the only company in the construction materials domain amongst the winners.

The awards function took place in Mumbai at 'Leading From Behind,' an HR leadership summit; where the 50 companies that ranked high as per the findings of the PCI, were felicitated. Some of the companies that were featured in the Top 50 were Tata, Mahindra, Godrej, GE, HUL, Philips, Marico, Cadila, Wipro, Deloitte, Dell, Airtel, Bajaj, Accenture, and Abbott.

In order to qualify for evaluation, a minimum of thirty of an organisation’s mid-management level employees needed to have participated in an anonymous online survey. By that yardstick, 180 Indian companies had qualified to be in the PCI race. The British Standards Institution (BSI), the world’s most experienced Standards Body and founding member of ISO, was the standards and audit partner for PCI. Nuvoco scored because of its programmes and initiatives as well as its progressive HR policies.

Mr. Devendra Shangari, Chief of Human Resources & Industrial Relations, Nuvoco, who collected the award on behalf of Nuvoco, remarked on the win, “This means that we are on the right track! It is a matter of immense pride that our employees, our most valuable asset, have expressed such high satisfaction. We have always endeavoured to support talent across levels with the right Tools, Trainings and Tips (Coaching). In that respect, we have moved away from the traditional talent management approach, and have instead adopted a more contextual, inclusive method, which is adaptable to different needs across levels. This award is a validation of all those efforts. Ranking this high on India’s first People Capital Index is the most rewarding vindication of the focus and support of our top leadership for the growth and development of our employees.”

Nuvoco Vistas Corp. Ltd. (formerly Lafarge India Limited), is a leading manufacturer and retailer of construction materials with a vision to build a safer, smarter, and more sustainable world. Nuvoco started operations in India in the year 1999, and over the past eighteen years, it has emerged as one of the major players in India; a reputation that is built on the foundations of Quality, Innovation, Safety, and Trust. Today, it has an installed capacity of around 10.92 MTPA with six cement plants in Chhattisgarh, Jharkhand, Rajasthan, and West Bengal. It also has a pan-India presence in the ready-mix concrete (RMX) business with close to 70 plants across the country. Our operational focus is currently on two business divisions. When it comes to Cement, we are amongst one of the leading players in Eastern, Central, and Northern India, having several high performance blended cement variants in our repertoire. Our premium product portfolio includes the original Jojobera PSC, Concreto, Duraguard, Duraguard Microfiber, and Infracem. We have also forayed into value added products like construction chemicals, wall fill solutions, and cover blocks. Our Ready-Mix Concrete is trusted alike by large developers, small contractors, builders, architects, government agencies, and individual house builders. The premium product range comprises Mega™ Series, Mega™ LWC, InstaMix, Artevia™, and Agilia™. Guided by the core principles of safety for its employees and social responsibility for the community, Nuvoco is constantly charting new roads in providing solutions to meet the country’s infrastructure needs. [www.nuvoco.in]

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